CPI and PPI

China’s consumer inflation retreated mildly in September, weighed down by dropping food prices, while growth in factory-gate prices hit a six-month high on strong domestic demand for raw materials.

The consumer price index (CPI) grew 1.6 percent year on year in September, slowing from August’s 1.8 percent, but still faster than July’s 1.4 percent, the National Bureau of Statistics (NBS) said on October 16. It was the eighth straight month the main gauge stayed beneath the 2-percent mark.

On a monthly basis, the index was up 0.5 percent, slightly higher